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Crypto change Gate.io has abruptly eliminated the token sale web page for Pump.enjoyable’s PUMP token, simply days earlier than the general public sale was slated to go stay on July 12.
The shock transfer wiped all particulars of the $600 million providing from the platform. Based on the now-deleted web page, 150 billion PUMP tokens priced at $0.004 every have been set to be offered, making up 15% of the meme coin’s whole 1 trillion provide.
The sudden takedown has left would-be traders unsure whether or not the sale remains to be shifting ahead.
Gate.io mentioned the removing adopted negotiations with Pump.enjoyable. Neither get together has confirmed a brand new date or whether or not the token launch will proceed in any kind.
The $PUMP Token Sale Leaked on Gate – Then Abruptly Disappeared
No official phrase but from pump. enjoyable
Token sale metrics as per Gate. io👇💊 Valuation: $4B
💊 Presale: $600M
💊 Provide: 1Trillion tokensEarly leak or cancelled deal? 👀 pic.twitter.com/llZFCdpmGb
— Zia ul Haque (@ImZiaulHaque) July 8, 2025
As PUMP Token Stalls, Solana ETFs Achieve Momentum
However it’s not all dangerous information for Solana. Whereas traders may need to attend a bit longer for PUMP’s public sale to re-launch, they may quickly be celebrating the launch of spot Solana ETFs (exchange-traded funds).
The SEC might fast-track functions for the SOL funds, sources conversant in the matter instructed CoinDesk. Based on these sources, the SEC has requested that SOL ETF issuers submit amended S-1 filings by the top of this month.
Though the SEC’s official deadline for a ruling on spot SOL ETFs is barely set for Oct. 10, the latest request may very well be a sign that the regulator is making an attempt to hurry up the method.
That’s after the launch of the REX-Osprey Solana and Staking ETF (SSK), which managed to bypass a extra stringent regulatory course of given its structuring beneath the Funding Firm Act of 1940. This allowed it to achieve a first-mover benefit out there.
Up to now, the SEC has tried to keep away from giving a single issuer a first-mover benefit, which is why it concurrently permitted the spot Bitcoin ETF functions final yr earlier than doing the identical for spot ETH ETF functions.
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